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Sugar output up 15%, mill gains modest: ICRA
The Business Guardian
|July 17, 2025
Above-normal monsoon forecasts are likely to boost sugarcane acreage and yield in key states like Maharashtra and Karnataka, which will result in a 15 percent surge in sugar output.
The sugar cane acreage in Maharashtra and Karnataka to experience a better yield this year, boosted by an above-normal monsoon, which resulted in a 15 percent jump in sugar output, said Rating agency ICRA in a report.
The report also sees that with sugar output experiencing an uplift, this will lead to revenues of sugar companies expanding by 6-8 percent.
Dit verhaal komt uit de July 17, 2025-editie van The Business Guardian.
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